Exclusive: FBI probes FDIC hack linked to China's military - sources

WASHINGTON (Reuters) - The FBI is investigating how hackers infiltrated computers at the Federal Deposit Insurance Corporation for several years beginning in 2010 in a breach senior FDIC officials believe was sponsored by China's military, people with knowledge of the matter said.

Amazon starts flexing muscle in new space: air cargo

ALLENTOWN, Pa. (Reuters) - A cargo plane emblazoned with "Prime Air" descended from an empty sky at Lehigh Valley International Airport on Tuesday, ninety minutes from the bustle of New York City, loaded with crates of goods during the peak holiday shopping season.

Ericsson, Cisco to target corporate, public sector clients in 2017

STOCKHOLM (Reuters) - Global telecoms equipment gear maker Ericsson plans to expand its partnership with Cisco Systems Inc by serving new corporate clients and the public sector in 2017, its North American chief told Reuters in an interview.

Baidu says reports of IPO for video-streaming site iQiyi.com are inaccurate

BEIJING (Reuters) - Chinese internet giant Baidu Inc said on Friday that reports it is currently pushing for an initial public offering for its video-streaming site iQiyi.com are inaccurate.

Dutch market regulator bans T-Mobile's 'free' streaming music service

AMSTERDAM (Reuters) - The Dutch Consumer and Markets regulator (AFM) on Friday ordered T-Mobile to stop offering a streaming music product which did not count toward customers' data usage.

Before You Pay that Ransomware Demand…

A decade ago, if a desktop computer got infected with malware the chief symptom probably was an intrusive browser toolbar of some kind. Five years ago you were more likely to whacked by a banking trojan that stole all your passwords and credit card numbers. These days if your mobile or desktop compu...

Continue reading

Before You Pay that Ransomware Demand…

A decade ago, if a desktop computer got infected with malware the chief symptom probably was an intrusive browser toolbar of some kind. Five years ago you were more likely to whacked by a banking trojan that stole all your passwords and credit card numbers. These days if your mobile or desktop compu...

Continue reading

Uber takes self-driving cars to Arizona after California demands permit

SAN FRANCISCO (Reuters) - Uber Technologies Inc on Thursday removed its self-driving test cars from California and put them on trucks bound for Arizona, shuttering the autonomous vehicle project in its home state after a week-long battle with regulators.

Nokia files more patent suits against Apple

HELSINKI (Reuters) - Finnish telecoms networks equipment maker Nokia said on Thursday it had filed a new set of patent lawsuits against Apple Inc in Asia, Europe and the United States.

Norway aims to allow testing of self-driving cars in 2017

OSLO (Reuters) - The Norwegian government aims to pass a law in the spring of next year to allow testing of self-driving vehicles on Norwegian roads, it said on Thursday.

Lithuania said found Russian spyware on its government computers

VILNIUS (Reuters) - The Baltic state of Lithuania, on the frontline of growing tensions between the West and Russia, says the Kremlin is responsible for cyber attacks that have hit government computers over the last two years.

Volkswagen to launch ride hailing in Rwanda as part of Africa expansion

FRANKFURT (Reuters) - Volkswagen plans to start a ride-hailing service in Rwanda in a sign of how the German carmaker is developing pay-per-use transportation models in new markets where rival Uber [UBER.UL] has not yet gained traction.

'Regtech' startups see more business in Trump era

NEW YORK (Reuters) - President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape?

Bitcoin's total value hits record high above $14 billion

LONDON (Reuters) - The total value of all bitcoins in circulation hit a record high above $14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to its highest levels in three years after more than doubling in price this year.

Watchmaker Swatch goes into car batteries as investors question strategy

ZURICH (Reuters) - Three years ago, Swatch Group was riding high. The world's largest watchmaker, known for its colourful plastic watches as well as upscale brands including Breguet, reported record gross sales.

Baidu plans $1 billion IPO for video-streaming site iQiyi.com: WSJ

(Reuters) - Baidu Inc, China's largest internet search company, plans an initial public offering of shares in its video-streaming site, iQiyi.com, the Wall Street Journal reported, citing people familiar with the matter.

Uber launches first electric car fleet in Madrid

MADRID (Reuters) - Ride-hailing service Uber Technologies [UBER.UL] launched in Madrid on Thursday its first fleet of electric cars.

Russian hackers tracked Ukrainian artillery units using Android implant: report

WASHINGTON (Reuters) - A hacking group linked to the Russian government and high-profile cyber attacks against Democrats during the U.S. presidential election likely used a malware implant on Android devices to track and target Ukrainian artillery units from late 2014 through 2016, according to a ne...

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Uber removes its self-driving cars from San Francisco roads

A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain August 17, 2016. REUTERS/Neil Hall/Illustration/File Photo - RTX2P60S

SK Hynix to invest $2.7 billion to boost production amid memory rebound

SEOUL (Reuters) - South Korea's SK Hynix Inc said on Thursday it will invest 3.16 trillion won ($2.7 billion) in its home country and China to boost memory chip production capacity, seeking to capitalize on growing mobile and data storage demand.

Honda enters talks with Alphabet's Waymo on self-driving technology

(Reuters) - Honda Motor Co Ltd's R&D unit said on Wednesday it has entered into formal talks with Alphabet Inc's Waymo to add self-driving technology to its vehicles.

U.S. university launches tool to show how fake news spreads

NEW YORK (Reuters) - Researchers at Indiana University have developed a new tool that shows how fake news and unverified stories spread through social media.

Lawsuit accuses Google of illegally curbing employee communication

(Reuters) - A Google Inc product manager has sued the company, accusing it of unlawfully prohibiting employees from sharing concerns with coworkers, shareholders or the press, and maintaining a "spying program" to prevent leaks.

Micron forecasts second-quarter revenue, profit above estimates

(Reuters) - Memory-chip maker Micron Technology Inc forecast current-quarter revenue and profit above estimates and posted its first rise in quarterly revenue in nearly two years, as a stabilizing PC market boosted chip demand and pricing.

Facebook forges agreement with 17 universities to streamline research

A picture shows the Facebook logo at the Facebook office in Berlin, Germany, August 29, 2016. REUTERS/Stefanie Loos - RTX2NN4K

Facebook says government requests for account data rise 27 percent

A 3D-printed Facebook logo is seen in front of a displayed stock graph in this illustration taken November 3, 2016. REUTERS/Dado Ruvic/Illustration - RTX2RSLT

Yahoo email scan shows U.S. spy push to recast constitutional privacy

A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code and keyboard on December 15, 2016. REUTERS/Dado Ruvic/File Illustration - RTX2VKYK

Disney will create shows for Snapchat

A billboard displays the logo of Snapchat above Times Square in New York March 12, 2015. REUTERS/Lucas Jackson/File Photo - RTX2TYQU

Exclusive: NY financial regulator to delay cyber security rules

(Reuters) - New York's financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cyber security rules, a person familiar with the matter said.

Nokia sues Apple for infringing technology patents

(Reuters) - Finland's Nokia Corp said on Wednesday it had sued Apple Inc , accusing the iPhone maker of violating 32 technology patents.